112 KING Street E LPH01, Hamilton

$329,900
112 KING Street E LPH01

$329,900

New
21d
Condo Apartment1 Storey/Apt

112 KING Street E LPH01, Hamilton

Total Monthly Obligation $2,670

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
21d
Score
17
Yield
7.3%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-X13857416
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$5,800 (2026)
Maintenance-$656/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-FLEXIBLE
Neighbourhood-Beasley
Title-Residential Condo & Other

No agent assigned

They don't build history like this anymore. Set inside Hamilton's iconic Royal Connaught, this lower penthouse occupies the 12th floor, giving you something the condos below simply don't have: higher ceilings, upgraded finishes and a front-row view that spans across downtown Hamilton. Both the living room and bedroom face north, with views stretching over Gore Park toward Lake Ontario and the Toronto skyline. It's a pretty spectacular backdrop for a one-bedroom home. Inside, the higher ceilings give the 709-square-foot layout a sense of scale and grandness. The open-concept living space is bright, comfortable and easy to furnish, with room to actually live rather than just pass through. The bedroom gets the same outlook and plenty of natural light, while in-suite laundry keeps everyday life decidedly convenient. The practical details are just as good. Underground parking means no scraping windshields in January, and your parking space has elevator access just steps away. Even the storage is convenient, with your private locker located on the same floor as the suite. And downstairs, the Royal Connaught delivers the full hotel-inspired experience: concierge service, fitness facilities, screening room, entertainment spaces and a furnished rooftop terrace.Step outside and you're in the middle of it all. Gore Park, restaurants, cafés, James Street, the GO Station, galleries and everything else downtown Hamilton does best are right at your doorstep. A piece of Hamilton history. A 12th-floor penthouse address. And 709 square feet that lives much bigger than the number suggests. RSA

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$
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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$263,920
Land Transfer Taxes$3,424
Legal Fees (Est.)
$
Total cash required for closing$70,904

Total Monthly Obligation

$2,670/mo
Mortgage $1,331
Monthly Loss $2,320
Principal$350
Interest$981
Property Tax$483
Condo Fees$656
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.9%11
10-Year IRR
7.2%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$24,204/yr
NOI
$5,712/yr
Net Cash Flow
-$855/mo
Cash Margin
-42.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
27.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 112 KING Street E LPH01

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